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Humana Inc. (HUM)

  • Apr. 1, 2013, 6:12 PM
    The Centers for Medicare and Medicaid Services, after originally calling for reducing Medicare Advantage payments in February, seem to have reversed course, now projecting that combined growth in Medicare Advantage rates and fee-for-service rates will be 3.3%. Though it's unclear precisely what that may mean for health insurers, the markets are taking it as a positive: HUM +9%, AET +2.3%, WCG +4.1%, UNH +4% AH.
  • Apr. 1, 2013, 5:37 PM
    After-hours top gainers, as of 5:15 p.m.: BGCP +43%. HUM +9%. NUAN +6%. AMSC +6%. UNH +4%.
    After-hours top losers: NAT -6%. ATLS -3%. CECO -3%. SCVL -3%. IMN -2%.
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  • Apr. 1, 2013, 4:08 PM
    Health insurers surge into the close as the final notice on Medicare Advantage reimbursement is due today: Humana (HUM +8.6%), UnitedHealth (UNH +3.1%), Wellcare Healthplans (WCG +3.9%), Coventry Health (CVH +1%) Centene (CNC +1%) and Aetna (AET +2.5%).
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  • Mar. 22, 2013, 1:38 PM
    Humana (HUM -2.9%) trades lower today after Susquehanna cut the shares to Neutral and lowered its target price to $74 from $85. The firm says it's opting to stay away from the potential volatility, believing the shares could swing wildly between the high-$40s to the mid-$80s depending on how the final 2014 Medicare Advantage rates - due to be released April 1 - play out.
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  • Feb. 27, 2013, 7:09 PM
    Humana (HUM) declares $0.26/share quarterly dividend, in line with previous. Forward yield 1.50%. For shareholders of record Mar. 28. Payable Apr. 26. Ex-div date Mar. 24. (PR)
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  • Feb. 26, 2013, 11:16 AM
    Humana (HUM -2.3%) says its CFO James Bloem will retire at the end of the year, prompting the health insurer to launch an internal and external search for his successor. Jefferies says the move comes at a challenging time for the company, and Bloem's successor is stepping into a difficult role, which could raise some concerns. It's only been a year since Bruce Broussard took the reins as CEO, and with worries over lower Medicare Advantage rates next year, the announcement "adds more uncertainty to management's ability to navigate the rate headwinds," Jefferies says.
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  • Feb. 19, 2013, 9:10 AM
    Premarket gainers: NVGN +130%. ODP +33%. OMX +26%. SPLS +14%. CEDC +8%. UNXL +8%. PWER +6%. BBY +5%.
    Losers: HUM -10%. YNDX -8%. CI -5%.
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  • Feb. 19, 2013, 9:02 AM
    Humana (HUM -9%) says that preliminary 2014 Medicare Advantage benchmark payment rates, which were announced on Friday, will fall by mid-single digits. The company had expected the Medicare rate to be flat to slightly down, and it's now working out how it's going to pull off the trick of growing its Medicare membership and its earnings in 2014. (PR)
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  • Feb. 4, 2013, 9:44 AM
    Humana (HUM +2.4%) expects earnings and Medicare membership to continue growing beyond 2013; on its Q4 earnings call, says it will reach 50% Medicare members in HMOs in 2013, membership for group Medicare Advantage will increase by 20,000, and that net PDP membership will increase by 135,000-175,000. (Earnings-call Web cast, presentation)
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  • Feb. 4, 2013, 8:03 AM
    More on Humana (HUM) Q4: net profit -3.6% to $192M; total premiums and services revenue +5%, boosted by increased Retail and Employer Group segment sales. Guidance: Q1 EPS of $1.75-1.85 vs consensus of $1.53; reiterates FY EPS of $7.60-7.80 vs $7.89, and it forecasts revenue of $41-41.5B vs $41.43B. For FY, high flu-related costs and increased interest expected to offset income from the recently acquired Metropolitan Health Networks.
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  • Feb. 4, 2013, 6:02 AM
    Humana (HUM): Q4 EPS of $1.19 beats by $0.12. Revenue of $9.56B (+6% Y/Y) misses by $180M. (PR)
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  • Feb. 4, 2013, 12:05 AM
    Notable earnings before Monday’s open: CKSW, CLX, CYOU, GCI, GOLD, HUM, MCY, RCL, SOHU, SPG, SYY, TDG
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  • Feb. 3, 2013, 5:30 PM
    Notable earnings before Monday’s open: CKSW, CLX, CYOU, GCI, GOLD, HUM, MCY, RCL, SOHU, SPG, SYY, TDG
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  • Jan. 3, 2013, 2:26 PM
    Humana (HUM -2.2%) trades lower today on reports of some end-of-year related insider selling. Separately, the company announced that it's established a partnership with DuPage Medical Group to launch the BreakThrough Care Center. HUM touts the center as a comprehensive, holistic outpatient clinic designed to improve medical outcomes while lowering health care costs and improving patients' ability to manage their health conditions.
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  • Dec. 21, 2012, 5:00 PM
    Humana (HUM) has completed its previously announced acquisition of Metropolitan Health Networks (MDF) in a transaction valued at approximately $850M. HUM continues to expect the transaction to be modestly accretive to earnings for FY13, and plans to update earnings guidance for to reflect the closing of the acquisition in conjunction with its Q4 earnings release on February 4th.
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  • Nov. 28, 2012, 6:07 PM
    Humana (HUM) says it's received antitrust clearance to go ahead with its merger with Metropolitan Health Networks (MDF). Completion of the acquisition remains subject to approval by Metropolitan shareholders and other customary closing conditions. A meeting of the shareholders of Metropolitan to consider approval of the acquisition is scheduled to be held on December 21. The acquisition is expected to close by the end of the year. Shares -1.2% AH.
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Company Description
Humana Inc is a health care company that offers a insurance products and health and wellness services. Its segments include Retail, Employer Group, and Healthcare Services.
Sector: Healthcare
Country: United States